Foreigners Bought 'Igeot' Even in a Bear Market [3-Minute Brief]

[At a Glance]
① "Impeachment Turmoil Expected to Hit Domestic Industries... Cautious Investment"
② "TSMC and Nvidia Discuss Advanced AI Chip Production in the US"
③ Warning of Prolonged Recession, Growth Rate Forecast at 1% Next Year

MARKET INDEX : Year to date

○ Weekly KOSPI expected range: 2420~2550
○ Market volatility increases amid political uncertainty
○ Opinions to refrain from new positions for the time being

Top3 NEWS

■ "Impeachment turmoil... Domestic sectors expected to be hit... Cautious investment advised"

○ Report from Shinhan Investment Corp.
○ Investor sentiment frozen due to political risk
○ Cautious approach needed for domestic sectors

■ "TSMC and Nvidia discussing advanced AI chip production in the US"

○ Discussing US production plan for AI chip ‘Blackwell’
○ Arizona plant already prepared for operation
○ Blackwell has been produced in Taiwan until now

■ Warning signs of a long-term recession... Multiple forecasts predict next year’s growth rate in the 1% range

○ AMRO forecasts growth slowdown to 1.9% next year
○ Semiconductor sector faces US tariffs as biggest risk
○ “Need to stimulate domestic economy through interest rate cuts”

Graphic News: Foreigners sold 20 trillion won over 4 months, but bought these stocks

○ Rising political uncertainty triggers foreign investors’ caution
○ Net selling of 19.8 trillion won in the KOSPI market from August to November
○ Continued net buying of Samsung Biologics, Naver, and others

the Chart: High exchange rate & China’s economic slowdown 'double burden'... Duty-free shops hit by martial law

○ Foreign visitors sharply decline... Domestic demand also down due to high exchange rate
○ Tourists prefer downtown H&B stores over duty-free shops
○ Impact of martial law... Exchange rate surges and travel warnings issued by various countries

Terms in the News: Familiar yet new, 'Newmillier'

○ Cultural phenomenon representing characteristics of the MZ generation
○ Term mainly used in the food industry
○ Trend of pressing food with waffle irons popular on social media

Key Schedule Today

○Domestic

9th: KOSDAQ Oncocross subscription, public offering price 7,300 KRW

9th: KOSDAQ Oncotherapeutics subscription, public offering price 13,000 KRW

○Overseas

08:50 Japan Q3 GDP

10:30 China November Consumer Price Index

◇ Lunch & Commute Weather

○ Lowest temperature -3℃(▲1℃) ｜ Highest temperature: 6℃(▲2℃)
○ Precipitation probability 10% in the morning｜20% in the afternoon
○ Fine dust Good in the morning｜Good in the afternoon

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.

This content was produced with the assistance of AI translation services.